Hsbc Holdings PLC Has $93.08 Million Stake in Equity Residential $EQR

Hsbc Holdings PLC grew its holdings in shares of Equity Residential (NYSE:EQR) by 26.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,475,500 shares of the real estate investment trust’s stock after acquiring an additional 310,859 shares during the quarter. Hsbc Holdings PLC’s holdings in Equity Residential were worth $93,079,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Insigneo Advisory Services LLC grew its holdings in shares of Equity Residential by 4.9% during the 4th quarter. Insigneo Advisory Services LLC now owns 3,543 shares of the real estate investment trust’s stock valued at $223,000 after purchasing an additional 165 shares during the last quarter. Rosenberg Matthew Hamilton lifted its stake in Equity Residential by 69.2% in the 4th quarter. Rosenberg Matthew Hamilton now owns 440 shares of the real estate investment trust’s stock valued at $28,000 after purchasing an additional 180 shares during the last quarter. MAI Capital Management lifted its stake in Equity Residential by 5.4% in the 3rd quarter. MAI Capital Management now owns 3,933 shares of the real estate investment trust’s stock valued at $255,000 after purchasing an additional 202 shares during the last quarter. Empowered Funds LLC boosted its position in Equity Residential by 2.3% in the fourth quarter. Empowered Funds LLC now owns 9,165 shares of the real estate investment trust’s stock valued at $571,000 after buying an additional 204 shares in the last quarter. Finally, CI Investments Inc. boosted its position in Equity Residential by 0.6% in the third quarter. CI Investments Inc. now owns 37,510 shares of the real estate investment trust’s stock valued at $2,428,000 after buying an additional 211 shares in the last quarter. 92.68% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

EQR has been the topic of a number of research reports. Bank of America raised shares of Equity Residential from a “neutral” rating to a “buy” rating and set a $76.00 target price on the stock in a research note on Wednesday, May 27th. Truist Financial raised their price objective on Equity Residential from $70.00 to $72.00 and gave the company a “buy” rating in a report on Tuesday, June 16th. Cantor Fitzgerald boosted their price objective on Equity Residential from $64.00 to $66.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Jefferies Financial Group lowered their target price on Equity Residential from $65.00 to $64.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Finally, Piper Sandler reiterated a “neutral” rating and issued a $72.00 target price (down from $78.00) on shares of Equity Residential in a research report on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, Equity Residential currently has a consensus rating of “Hold” and a consensus target price of $70.65.

Equity Residential Trading Down 0.1%

Shares of NYSE EQR opened at $64.00 on Monday. The firm has a 50 day moving average price of $64.92 and a two-hundred day moving average price of $62.81. The stock has a market cap of $23.98 billion, a P/E ratio of 25.60, a price-to-earnings-growth ratio of 5.09 and a beta of 0.75. Equity Residential has a 52-week low of $57.57 and a 52-week high of $69.87. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.18 and a current ratio of 0.18.

Equity Residential (NYSE:EQR) last issued its quarterly earnings results on Tuesday, April 28th. The real estate investment trust reported $0.24 EPS for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.09). The business had revenue of $779.85 million for the quarter, compared to analyst estimates of $781.79 million. Equity Residential had a return on equity of 8.57% and a net margin of 30.63%.Equity Residential’s revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter last year, the firm posted $0.95 EPS. Equity Residential has set its FY 2026 guidance at 4.020-4.140 EPS and its Q2 2026 guidance at 0.980-1.020 EPS. As a group, equities analysts forecast that Equity Residential will post 4.09 EPS for the current year.

Equity Residential Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 29th will be given a dividend of $0.7025 per share. This represents a $2.81 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Monday, June 29th. Equity Residential’s dividend payout ratio (DPR) is currently 112.40%.

Equity Residential Company Profile

Equity Residential (NYSE: EQR) is a publicly traded real estate investment trust that acquires, develops, owns and operates rental apartment properties. Headquartered in Chicago, the company focuses on delivering professionally managed, market-rate apartment homes and related services to renters. Its operations cover a range of property types, including high-rise and mid-rise assets, with amenities and on-site management designed to support resident retention and occupancy.

The company’s core activities include property acquisitions, development and redevelopment, leasing, and day-to-day property management.